CB Insights today named Gong.io to the prestigious AI 100, a select group of promising private companies working on groundbreaking artificial intelligence technology. CB Insights CEO and co-founder Anand Sanwal will reveal the full list of the second annual AI 100 companies at the A-ha! conference in San Francisco.

"Last year's AI 100 enjoyed amazing success in the year since earning this recognition. 55 of them went onto raise additional funding nearing $2B and 5 were acquired.

This year's list was culled from 1000+ applications and looks even more impressive. These are companies using artificial intelligence in industries from drug discovery and cybersecurity to robotics and legal tech. I'm happy that CB Insights is able to shine a light on the founders and companies that will revolutionize these industries and look forward to seeing what they do in 2018 and beyond." said CB Insights CEO Anand Sanwal.

"Conversation Intelligence, powered by AI is the greatest transformation in sales since CRM, and Gong is leading the way" said Amit Bendov, Gong.io CEO and Co-Founder. "We are honored to be recognized through CB Insights AI 100 and excited to continue our revolution in B2B SaaS technology."

The CB Insights research team selected the AI 100 companies based on criteria, examining company-submitted data and the company's Mosaic Score. The Mosaic Score, based on CB Insights' National Science Foundation-funded algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically-driven approach, the Mosaic Score can help predict a company's momentum, market health and financial viability.

Gong.io and other companies are being recognized for their innovative technology in front of an audience of 400 senior innovation executives from around the world and news outlets including The Financial Times, CNBC, Reuters, Bloomberg and the Washington Post.

Earlier this year Gong.io announced a $20 million Series A1 round raising its total funding to $26 million. The company is already helping thousands of salespeople optimize more than $1 Billion of revenue for its customers, which includes leading sales teams at companies like LinkedIn, Sisense, and Intercom. The technological innovation and impact of its product were recently recognized by Gartner, which named Gong.io a 2017 Cool Vendor in CRM Sales.

Quick facts on the AI 100:

These 100 emerging private companies have raised $6.6B across 99 deals in 2017.

Applications of their technology include breakthroughs in fintech, digital health, auto tech, robotics, and much more.

More than 1,000 companies were nominated or applied and only 9% were selected.

Eleven AI 100 companies have reached a valuation of $1B or more.

Thirty-three companies on the list were also on the list for 2017, with 67 new companies making it for 2018.

Our team builds technology that helps corporations guess less and win more. We aggregate and analyze terabytes of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry.

Gong.io is the #1 conversation intelligence platform for B2B sales. Gong.io enables sales teams to improve their calls and demos and gives sales leaders insights into how well calls are being conducted. Gong.io's patented technology records, transcribes, and analyzes sales calls using AI, helping the sales organization understand what works and what doesn't. Visit Gong.io for more information.